You are here

Australia faces budget deficits as far as eye can see: Deloitte

Sydney

AUSTRALIA faces budget deficits "as far as the eye can see" as plunging export commodity prices and weak wage growth cut company and income tax revenue and savings measures are blocked, Deloitte Access Economics said.

The underlying cash deficit will be A$34.7 billion (S$38.

sentifi.com

Market voices on:

Powered by GET.comGetCom